Google loses Chromecast patent dispute, must pay $338 million

By news@appleinsider.com (Andrew Orr) Google has been found guilty of infringing on streaming video patents in its Chromecast devices for the last decade, but at $338.7 million, the financial penalty is relatively minor for the tech giant.Google owes money in Chromecast patent caseThe infringement pertains to Google’s remote-streaming technology prominently used in its Chromecast devices. The jury’s decision, announced on July 21, mandates that Alphabet’s Google compensate the aggrieved software developer with a sum of $338.7 million, according to a …

Source:: Apple Insider